Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Ameriprise Posts 45% Jump in Variable Annuity Sales
By Allison BellDemand rose for variable universal life products that affluent clients can use to build cash value.
July 25, 2024
What the BD Industry Looks Like Now, in 5 ChartsFINRA's annual snapshot shows that the number of firms continue to decrease as the number of reps increases.
July 25, 2024
Raymond James Reports 27% Profit Growth, Weaker Cash Sweep Results"Recruiting activity remains strong," said CEO Paul Reilly, who plans to step down next year.
July 25, 2024
It's Time for a Reg BI Crackdown at SEC: Ex-CommissionerThe rule is falling short of its goal and Form CRS is "bad," former SEC Commissioner Robert Jackson says.
July 24, 2024
741 BDs Opt In to FINRA Home Office InspectionsOpt-ins are highest among large firm and represent 22% of the industry, FINRA says.
July 22, 2024
Deutsche Bank to Expand Hiring in U.S. Wealth PushThe German bank's U.S. wealth unit wants to become one of Wall Street's main European rivals for serving the nation's ultra-rich.
July 22, 2024
FINRA Fines Firm for Reg BI FailuresJeffrey Matthews Group had inadequate written procedures and training for reps, FINRA said.
July 17, 2024
FINRA Reminds BDs of Their Duties When Using AIA FINRA notice reminds BDs that its rules are intended to be technology-neutral.